BB's pushing E/U up, lets see if it hits 1.41 - 1.4125, I'll be looking to sell if it looks good....
- #23,462
- Jul 18, 2011 11:02am Jul 18, 2011 11:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
Thats what I was thinking, it will probably just range but there has been some movement lately in the afternoons
I have set another short entry, EP4 short = 1.4088. And price could go even higher. They could work it up to the whole number, in which case I will probably add there, too.
- #23,464
- Jul 18, 2011 11:23am Jul 18, 2011 11:23am
- | Joined Jan 2011 | Status: my blog www.ijhas.blogspot.com | 1,038 Posts
when it breaks it has destinations..
born to speculate
- #23,465
- Jul 18, 2011 11:24am Jul 18, 2011 11:24am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
Looks as its bouncing off the 50% from last swing up and headed toward the red fib lines 1.41-14125, but as usual let the market decide...
I am more disposed to the M1, waiting for some sudden spike in activity when PA is at the highs, or suddenly starts to drop from the highs. When either of those happen, it likely signals the end of the maneuver is near.
We'll see.
- #23,466
- Jul 18, 2011 11:28am Jul 18, 2011 11:28am
- | Joined Jan 2011 | Status: my blog www.ijhas.blogspot.com | 1,038 Posts
Since this is not a full bore London session move, but some show put on late in the day by BBs with their "black box" computer programs, when no competition exists for whatever there is to grab as a result of the price manipulation, ----I think the H4 is not applicable.---
I am more disposed to the M1, waiting for some sudden spike in activity when PA is at the highs, or suddenly starts to drop from the highs. When either of those happen, it likely signals the end of the maneuver is near.
We'll see.
born to speculate
- #23,467
- Jul 18, 2011 11:31am Jul 18, 2011 11:31am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
the higher the time frame , the more credebility
- #23,468
- Edited 12:03pm Jul 18, 2011 11:37am | Edited 12:03pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
Since this is not a full bore London session move, but some show put on late in the day by BBs with their "black box" computer programs, when no competition exists for whatever there is to grab as a result of the price manipulation, I think the H4 is not applicable.
I am more disposed to the M1, waiting for some sudden spike in activity when PA is at the highs, or suddenly starts to drop from the highs. When either of those happen, it likely signals the end of the maneuver is near.
We'll see.
Edit: Another activity spike (2nd pic).
Edit: This looks more like the finale' is near (3rd pic).
- #23,469
- Edited 12:42pm Jul 18, 2011 12:04pm | Edited 12:42pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
- #23,472
- Edited 1:16pm Jul 18, 2011 12:54pm | Edited 1:16pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
EU:
M1 shows this was the fastest high pop of all, and followed by some of the very highest trading of all! Is it over? Who knows. But even if not, this sure looks like a good SonicS (Scout) short entry area. By them keeping the price moving higher, you can see why I call them relentlessly deceiving. One can never know for sure where the end of the maneuver is. It doesn't matter though. They have been shorting along the path up. So any short entries we made are just as good as some of theirs, and even better than some of theirs.
Edit: I suspect that is it for the day. They might just leave the price where it is. If they cleaned out the levels below, on the way up, the price now might drop too fast if they pour on a shorting frenzy for additional positions right away. Now that they have the price high, they'll milk it more slowly for short positions, is my take.
Have a good evening, Sonikers.
M1 shows this was the fastest high pop of all, and followed by some of the very highest trading of all! Is it over? Who knows. But even if not, this sure looks like a good SonicS (Scout) short entry area. By them keeping the price moving higher, you can see why I call them relentlessly deceiving. One can never know for sure where the end of the maneuver is. It doesn't matter though. They have been shorting along the path up. So any short entries we made are just as good as some of theirs, and even better than some of theirs.
Edit: I suspect that is it for the day. They might just leave the price where it is. If they cleaned out the levels below, on the way up, the price now might drop too fast if they pour on a shorting frenzy for additional positions right away. Now that they have the price high, they'll milk it more slowly for short positions, is my take.
Have a good evening, Sonikers.
- #23,474
- Jul 18, 2011 2:10pm Jul 18, 2011 2:10pm
- Joined Feb 2009 | Status: Trader | 1,292 Posts
Trading methods are designed to put the odds in our favor, not predicting.
- #23,479
- Jul 18, 2011 5:49pm Jul 18, 2011 5:49pm
- | Commercial User | Joined Mar 2008 | 9,095 Posts
EU:
EP4 short = 1.4088 executed.
Edit: They did work price up to whole number area, where I added EP5 short = 1.4109 (2nd pic).
Sonic
- #23,480
- Jul 18, 2011 6:08pm Jul 18, 2011 6:08pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
